- Assessed Value: $25,631
- Assessed Year: 2026
- Assessed County: Bernalillo
- APN: 1-017-056-360-509-1-29-01-AA
- Tax Amount: 998.52
- Tax Year: 2025
- Market Value: 76900
- Market Year: 2026
525 Madison Pl; Albuquerque, NM Property Details
Off market
523 Madison Pl SE Albuquerque, NM 87108
$115,000 Listing Price
2 Beds
1 Baths
600 SqFt
Property Type
CondominiumProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1980
- Purchase Price: $111,300
- Open Loans / Balance: 1 / $78,847
- Est. Equity / %: $84,153 / 51.63%
- Gross Yield: 4.623%
- APN: 1-017-056-360-509-1-29-01-AA
- Situs County: Bernalillo
- Length Of Ownership: 17 years, 5 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 3
Structure
- Floor Cover Type: Carpet
- Stories: 1
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Fair
- Roof Type: Flat
- Roof Cover Type: Tar & Gravel
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 600/SqFt
- Lot: 615/SqFt
- Living: 600/SqFt
- Building: 600/SqFt
- Ground: 1,200/SqFt
- Price Per Square Foot: $185.50
Legal Description
- Description: UNIT 523 OF MADISON PLACE CONDOMINIUMS TOGETHER WITH AN EQUAL UNDIVIDED INTEREST IN THE COMMON ELEMENTS
Building Insights
Land Information
- Property Type: Condominium
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Albuquerque Public Schools
- Lat / Lon: 35.072247 / -106.5924
- Subdivision: Madison Place Condominums
- Property Class: Residential
- County Use Code: RES
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3473
- Bathroom Fixtures: 3
- Heating: Forced air unit
HOA
- H O A One: $215
- H O A Amount: $215
- H O A One Name: Madison Place Condominiums
- H O A One Type: Condo Owner Association
Ownership Info
523 Madison Pl SE has no associated ownership info
523 Madison Pl SE has no associated ownership info.
Taxes
523 Madison Pl SE has 8 associated Taxes items
525 Madison Pl, Albuquerque, NM pays taxes in Bernalillo County, NM. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $25,631. The APN we've located for 525 Madison Pl is 1-017-056-360-509-1-29-01-AA.
Unlock the full reportTaxes
Tax History
523 Madison Pl SE has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $25,631 | Land Value | Improvement Value $25,631 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $998.52 | Change Rate -0.263411% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $34,130 | Land Value | Improvement Value $34,130 | Tax Amount $1,355.6 | Change Rate -0.012673% | Assessed CR | Tax Rate +0.039719% |
| Year 2023 | Assessed Value $34,130 | Land Value | Improvement Value $34,130 | Tax Amount $1,373 | Change Rate +0.004698% | Assessed CR | Tax Rate +0.040229% |
| Year 2022 | Assessed Value $34,130 | Land Value | Improvement Value $34,130 | Tax Amount $1,366.58 | Change Rate -0.011801% | Assessed CR | Tax Rate +0.04004% |
| Year 2021 | Assessed Value $34,663 | Land Value | Improvement Value $34,663 | Tax Amount $1,382.9 | Change Rate +0.262069% | Assessed CR | Tax Rate +0.039896% |
| Year 2020 | Assessed Value $27,545 | Land Value | Improvement Value $27,545 | Tax Amount $1,095.74 | Change Rate +0.032684% | Assessed CR | Tax Rate +0.03978% |
| Year 2019 | Assessed Value $26,743 | Land Value | Improvement Value $26,743 | Tax Amount $1,061.06 | Change Rate +0.039419% | Assessed CR | Tax Rate +0.039676% |
| Year 2018 | Assessed Value $26,743 | Land Value | Improvement Value $26,743 | Tax Amount $1,020.82 | Change Rate +0.001668% | Assessed CR | Tax Rate +0.038171% |
| Year 2017 | Assessed Value $25,964 | Land Value | Improvement Value $25,964 | Tax Amount $1,019.12 | Change Rate +0.023501% | Assessed CR | Tax Rate +0.039251% |
| Year 2016 | Assessed Value $25,404 | Land Value | Improvement Value $25,404 | Tax Amount $995.72 | Change Rate -0.959629% | Assessed CR | Tax Rate +0.039195% |
| Year 2015 | Assessed Value $24,664 | Land Value | Improvement Value $24,664 | Tax Amount $24,664 | Change Rate +24.255484% | Assessed CR | Tax Rate +1% |
| Year 2014 | Assessed Value $24,998 | Land Value | Improvement Value $24,998 | Tax Amount $976.58 | Change Rate | Assessed CR | Tax Rate +0.039066% |